Penn National Gaming Stock Z Score

PENN Stock

USD 21.08 0.21 0.99%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Penn National Piotroski F Score and Penn National Valuation analysis.

At this time, Penn National's Capital Surpluse is very stable compared to the past year. As of the 28th of November 2024, Long Term Debt To Capitalization is likely to grow to 0.53, while Capital Lease Obligations is likely to drop about 6.9 B. At this time, Penn National's Total Operating Expenses is very stable compared to the past year. As of the 28th of November 2024, Selling General Administrative is likely to grow to about 1.6 B, while Gross Profit is likely to drop about 1 B.

Penn National Gaming Company Z Score Analysis

Penn National's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Penn Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Penn National is extremely important. It helps to project a fair market value of Penn Stock properly, considering its historical fundamentals such as Z Score. Since Penn National's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Penn National's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Penn National's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.82	0.97	0.11	0.25	0.83	0.98	0.89	0.91	0.94	0.87	0.8	0.82	-0.55	0.74	0.62	0.4	0.34	0.87	0.03	-0.26	0.67	0.9	0.67	0.6
Total Stockholder Equity	0.82		0.64	0.59	0.11	0.76	0.7	0.86	0.72	0.73	0.7	0.77	0.78	-0.08	0.54	0.49	0.76	0.14	0.86	0.02	-0.28	0.36	0.81	0.68	0.62
Net Debt	0.97	0.64		-0.08	0.27	0.77	1.0	0.78	0.89	0.94	0.83	0.74	0.74	-0.68	0.73	0.6	0.2	0.41	0.77	0.06	-0.25	0.7	0.84	0.55	0.48
Retained Earnings	0.11	0.59	-0.08		-0.24	0.1	-0.04	0.14	-0.02	0.14	-0.01	0.31	0.2	0.61	-0.05	-0.05	0.67	-0.08	0.21	0.22	-0.28	-0.32	0.21	0.1	0.14
Accounts Payable	0.25	0.11	0.27	-0.24		0.1	0.28	0.21	0.22	0.2	0.37	0.48	0.37	-0.43	0.45	0.2	-0.24	-0.05	0.06	0.17	0.27	0.49	0.15	0.17	0.22
Net Receivables	0.83	0.76	0.77	0.1	0.1		0.8	0.79	0.94	0.7	0.68	0.61	0.76	-0.38	0.45	0.59	0.56	0.22	0.94	-0.34	-0.36	0.47	0.8	0.44	0.31
Total Liab	0.98	0.7	1.0	-0.04	0.28	0.8		0.84	0.91	0.94	0.86	0.75	0.77	-0.66	0.74	0.61	0.26	0.37	0.81	0.03	-0.23	0.71	0.86	0.61	0.54
Total Current Assets	0.89	0.86	0.78	0.14	0.21	0.79	0.84		0.82	0.76	0.86	0.68	0.78	-0.44	0.64	0.5	0.57	0.14	0.9	-0.17	-0.04	0.65	0.89	0.89	0.81
Short Term Debt	0.91	0.72	0.89	-0.02	0.22	0.94	0.91	0.82		0.78	0.75	0.65	0.74	-0.53	0.52	0.66	0.45	0.16	0.92	-0.22	-0.24	0.6	0.81	0.51	0.38
Intangible Assets	0.94	0.73	0.94	0.14	0.2	0.7	0.94	0.76	0.78		0.8	0.8	0.71	-0.53	0.8	0.64	0.23	0.54	0.73	0.25	-0.39	0.56	0.81	0.53	0.49
Common Stock	0.87	0.7	0.83	-0.01	0.37	0.68	0.86	0.86	0.75	0.8		0.79	0.86	-0.6	0.78	0.5	0.27	0.26	0.72	-0.05	-0.24	0.61	0.82	0.73	0.68
Long Term Debt	0.8	0.77	0.74	0.31	0.48	0.61	0.75	0.68	0.65	0.8	0.79		0.84	-0.3	0.73	0.51	0.32	0.43	0.62	0.3	-0.32	0.45	0.67	0.48	0.45
Good Will	0.82	0.78	0.74	0.2	0.37	0.76	0.77	0.78	0.74	0.71	0.86	0.84		-0.35	0.74	0.42	0.49	0.23	0.77	-0.01	-0.2	0.57	0.82	0.6	0.58
Treasury Stock	-0.55	-0.08	-0.68	0.61	-0.43	-0.38	-0.66	-0.44	-0.53	-0.53	-0.6	-0.3	-0.35		-0.6	-0.38	0.4	-0.2	-0.33	0.09	0.03	-0.64	-0.45	-0.35	-0.33
Property Plant Equipment	0.74	0.54	0.73	-0.05	0.45	0.45	0.74	0.64	0.52	0.8	0.78	0.73	0.74	-0.6		0.59	-0.02	0.53	0.51	0.41	-0.18	0.55	0.6	0.57	0.59
Current Deferred Revenue	0.62	0.49	0.6	-0.05	0.2	0.59	0.61	0.5	0.66	0.64	0.5	0.51	0.42	-0.38	0.59		0.11	0.31	0.55	0.12	-0.51	0.11	0.28	0.2	0.09
Net Tangible Assets	0.4	0.76	0.2	0.67	-0.24	0.56	0.26	0.57	0.45	0.23	0.27	0.32	0.49	0.4	-0.02	0.11		-0.19	0.68	-0.27	-0.05	0.07	0.53	0.47	0.39
Long Term Debt Total	0.34	0.14	0.41	-0.08	-0.05	0.22	0.37	0.14	0.16	0.54	0.26	0.43	0.23	-0.2	0.53	0.31	-0.19		0.18	0.46	-0.36	0.13	0.22	0.04	0.0
Capital Surpluse	0.87	0.86	0.77	0.21	0.06	0.94	0.81	0.9	0.92	0.73	0.72	0.62	0.77	-0.33	0.51	0.55	0.68	0.18		-0.23	-0.19	0.52	0.87	0.66	0.54
Deferred Long Term Liab	0.03	0.02	0.06	0.22	0.17	-0.34	0.03	-0.17	-0.22	0.25	-0.05	0.3	-0.01	0.09	0.41	0.12	-0.27	0.46	-0.23		0.0	0.01	-0.14	-0.07	0.04
Long Term Investments	-0.26	-0.28	-0.25	-0.28	0.27	-0.36	-0.23	-0.04	-0.24	-0.39	-0.24	-0.32	-0.2	0.03	-0.18	-0.51	-0.05	-0.36	-0.19	0.0		0.42	-0.1	0.27	0.34
Short Long Term Debt	0.67	0.36	0.7	-0.32	0.49	0.47	0.71	0.65	0.6	0.56	0.61	0.45	0.57	-0.64	0.55	0.11	0.07	0.13	0.52	0.01	0.42		0.7	0.64	0.65
Net Invested Capital	0.9	0.81	0.84	0.21	0.15	0.8	0.86	0.89	0.81	0.81	0.82	0.67	0.82	-0.45	0.6	0.28	0.53	0.22	0.87	-0.14	-0.1	0.7		0.74	0.69
Net Working Capital	0.67	0.68	0.55	0.1	0.17	0.44	0.61	0.89	0.51	0.53	0.73	0.48	0.6	-0.35	0.57	0.2	0.47	0.04	0.66	-0.07	0.27	0.64	0.74		0.97
Capital Stock	0.6	0.62	0.48	0.14	0.22	0.31	0.54	0.81	0.38	0.49	0.68	0.45	0.58	-0.33	0.59	0.09	0.39	0.0	0.54	0.04	0.34	0.65	0.69	0.97

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Penn National

Based on the company's disclosures, Penn National Gaming has a Z Score of 0.0. This is 100.0% lower than that of the Hotels, Restaurants & Leisure sector and 100.0% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 100.0% higher than that of the company.

Penn National ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Penn National's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Penn National's managers, analysts, and investors.

Environmental

Governance

Social

Penn National Institutional Holders

Institutional Holdings refers to the ownership stake in Penn National that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Penn National's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Penn National's value.

		Shares
Goldman Sachs Group Inc	2024-06-30	2.8 M
Sei Investments Co	2024-06-30	2.5 M
Armistice Capital, Llc	2024-09-30	2.4 M
Geode Capital Management, Llc	2024-09-30	2.3 M
Newedge Wealth, Llc	2024-09-30	1.5 M
Long Focus Capital Management, Llc	2024-09-30	1.5 M
Northwestern Mutual Wealth Management Co	2024-06-30	1.5 M
Hsbc Holdings Plc	2024-06-30	1.5 M
Assenagon Asset Management Sa	2024-09-30	1.4 M
Blackrock Inc	2024-06-30	18.1 M
Vanguard Group Inc	2024-09-30	16.4 M

Penn Fundamentals

	Return On Equity	-0.16
	Return On Asset	-8.0E-4
	Profit Margin	(0.09) %
	Operating Margin	0.04 %
	Current Valuation	13.7 B
	Shares Outstanding	152.16 M
	Shares Owned By Insiders	1.11 %
	Shares Owned By Institutions	99.45 %
	Number Of Shares Shorted	18.4 M
	Price To Earning	24.42 X
	Price To Book	1.06 X
	Price To Sales	0.51 X
	Revenue	6.36 B
	Gross Profit	3.02 B
	EBITDA	400.2 M
	Net Income	(490 M)
	Cash And Equivalents	1.71 B
	Cash Per Share	10.93 X
	Total Debt	11.54 B
	Debt To Equity	3.45 %
	Current Ratio	1.90 X
	Book Value Per Share	20.48 X
	Cash Flow From Operations	455.9 M
	Short Ratio	6.49 X
	Earnings Per Share	(3.52) X
	Price To Earnings To Growth	0.78 X
	Target Price	22.71
	Number Of Employees	23.33 K
	Beta	2.09
	Market Capitalization	3.22 B
	Total Asset	16.06 B
	Retained Earnings	(335.5 M)
	Working Capital	169 M
	Current Asset	353.03 M
	Current Liabilities	552.9 M
	Net Asset	16.06 B

About Penn National Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Penn National Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Penn National using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Penn National Gaming based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Penn National

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Penn National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Penn National will appreciate offsetting losses from the drop in the long position's value.

Moving together with Penn Stock

0.72

EAT

Brinker International

Pair Corr

Moving against Penn Stock

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0.63	NDLS	Noodles Company	Pair Corr
0.62	PPERY	Bank Mandiri Persero	Pair Corr
0.61	TLK	Telkom Indonesia Tbk	Pair Corr
0.58	BKRKY	Bank Rakyat	Pair Corr

The ability to find closely correlated positions to Penn National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Penn National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Penn National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Penn National Gaming to buy it.

The correlation of Penn National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Penn National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Penn National Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Penn National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Penn National Gaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Penn National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Penn National Gaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Penn National Gaming Stock:

How To Invest In Penn

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Is Penn Stock a good investment?

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What is Penn National's Net Worth?

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Largest Hotels, Restaurants & Leisure Companies

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Check out Penn National Piotroski F Score and Penn National Valuation analysis.

You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn National. If investors know Penn will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

2.089

Earnings Share

(3.52)

Revenue Per Share

41.491

Quarterly Revenue Growth

0.012

Return On Assets

(0.0008)

The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn National's market value can be influenced by many factors that don't directly affect Penn National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Penn National Gaming Stock Z Score

Penn National Gaming Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Penn Z Score Driver Correlations

Penn National ESG Sustainability

Penn National Institutional Holders

Penn Fundamentals

About Penn National Fundamental Analysis

Pair Trading with Penn National

Moving together with Penn Stock

Moving against Penn Stock

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